Centre’s decision to waive interest on interest could cost Rs 7,000 crore - THEMARKETTRENDZ

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Saturday, 3 October 2020

Centre’s decision to waive interest on interest could cost Rs 7,000 crore

In its affidavit, the finance ministry said the government has decided to maintain its tradition of handholding small borrowers and bear the burden arising from such waiver of interest on interest, or compound interest, for the banks.

from Banking/Finance-Industry-Economic Times
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